0

Bubble 3.0 No way out

Evergreen Gavekal writes…..The restaurant sales tend to be a reliable indicator of future consumer discretionary spending. They’ve now fallen in four of the last five months and are dropping at the steepest rate in 25 years. Maybe that’s why articles like this are popping up in the Wall Street Journal.

https://blog.evergreengavekal.com/bubble-3-0-no-way-out/